World Steel Association elects JSW Steel's Sajjan Jindal as Chairman; becomes first Indian to hold the post

Jindal addressed the board members of WSA thanking his predecessor Yu Yong for his capable chairmanship over the last two years and noting the challenges for the global industry going forward, particularly with respect to climate change.

The board of members also elected a 16-member Executive Committee. Jindal will also be part of the Executive Committee.

The members include Salah AL-Ansari of Hadeed, Saudi Iron & Steel Company, David B Burritt of United States Steel Corporation, Chen Derong of China Baowu Steel Group Corporation Limited, Jeong-Woo Choi of POSCO, Ugur Dalbeler of olakoglu Metalurji A.S, and Eiji Hashimoto of Nippon Steel Corporation, Lakshmi N. Mittal of ArcelorMittal and Tata Steel CEO Thachat Viswanath Narendran.

Other members are Andr Bier Gerdau Johannpeter of Gerdau S.A, Yoshihisa Kitano of JFE Steel Corporation, Alexey A. Mordashov of Severstal (PAO), Paolo Rocca of Techint Group, Leon J Toplian from Nucor Corporation, YU Yong of HBIS Group Co., Ltd and Hubert Zajicek from voestalpine A.G.

Edwin Basson has been elected as Secretary WSA. The Board of Members has also welcomed as new members Siam Yamato Steel Company Corporation (SYS) (Thailand), represented by Damrongsak Jaturongpatana and SULB Company (Bahrain) represented by Ravi Singh Indian Iron & Steel Sector Skill Council (IISSSC) (India) represented by Sushim Banerjee was also welcomed by the board as an affiliate member.

WSA acts as the focal point for the steel industry, providing global leadership on all major strategic issues impacting the industry, particularly focusing on economic, environmental, and social sustainability.

Its members represent approximately 85 percent of the world's steel production, including more than 160 steel producers, national and regional steel industry associations and steel research institutes.

Established in 1967, it is one of the largest industry representations in the world and is headquartered in Brussels.

Engaged in the manufacturing of iron and steel products in India and across the globe, JSW Group's flagship JSW Steel is India's leading and one of the world's most efficient integrated steel-makers. The company is executing expansion projects to reach a steelmaking capacity of 37.5 MTPA by FY2025, including 1.5 MTPA capacity in the US and entities under joint control, from 18 MTPA as of FY2021. The company has a goal of reaching 45 MTPA steelmaking capacity by FY2030.

JSW Steel is also investing in R&D for sustainable products and controlling emissions, improving resource consumption, making processes efficient, and ensuring multi-pronged digital focus, helping improve existing practices. It has issued the global steel industry's first sustainability-Linked US dollar bond in 2021, linked to its decarbonisation target for 2030.

Established in 1982, the company primarily produces hot-rolled and cold-rolled coils. It provides colour-coated products, thermo-mechanically treated (TMT) bars, wire rods, and special alloy steel products. These products are used in automotive, general engineering, machinery, projects, and construction applications. These products serve the domestic market, and are exported to more than 100 countries.